Northern Mariana Islands Weigh Pension Cure

Jensen, Randall
June 2013
Investment Management Mandate Pipeline;6/ 3/2013, p13
The article assesses plans of the Commonwealth of Northern Mariana Islands to cover its pension liabilities in 2013. It discusses the bill passed in the House of Representatives to sell pension obligation bonds collateralized by islands and another bill pending that would allow casinos to operate in Saipan as measures to raise revenues to pay for retirement liabilities. Comment from analyst Ken Kurtz of Moody's Investors Service is presented.


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